EXCEL Infoways IPO opens for subscription

The Initial Public Offering (IPO) of EXCEL INFOWAYS LIMITED opened for subscription by investors today - July 14, 2009.

The company has come out with an IPO of 56,67,000 EQUITY SHARES of Rs 10 each for cash at a price band of Rs. 80 To Rs. 85 through 100% Book Building process.

The IPO has been rated Grade 1 by CARE. The IPO closes for subscription on July 17, 2009.

Chartered Capital And Investment Ltd is the Book Running Lead Manager and Syndicate Member to the issue. Link Intime India Private Limited is the Registrar to the company.

Source : Equity Bulls

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